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TRI Pointe Group Inc (TPH.N)

TPH.N on New York Stock Exchange

14.02USD
26 Jul 2017
Change (% chg)

$-0.06 (-0.43%)
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Latest Key Developments (Source: Significant Developments)

Tri Pointe Group Q2
Wednesday, 26 Jul 2017 06:00am EDT 

July 26 (Reuters) - Tri Pointe Group Inc :Tri Pointe Group Inc reports 2017 second quarter results and announces increase to its stock repurchase program.Tri Pointe Group Inc says authorizes additional $50 million for share repurchases.Q2 earnings per share $0.21.Q2 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Q2 revenue $568.8 million versus I/B/E/S view $564.4 million.Qtrly new home orders of 1,445 compared to 1,258, an increase of 15%.Tri Pointe Group Inc - for Q3 , expects to open 10 new communities, and close out of 19, resulting in 122 active selling communities as of June 30, 2017.Tri Pointe Group Inc says anticipates its homebuilding gross margin percentage to be in a range of 19.0% to 20.0% for Q3.Tri Pointe Group Inc says additional repurchase increases aggregate authorization from $100 million to $150 million.  Full Article

Tri Pointe Group announces proposed offering of $250 mln of senior notes due 2027
Monday, 5 Jun 2017 07:41am EDT 

June 5 (Reuters) - Tri Pointe Group Inc :Tri pointe group, inc. Announces proposed offering of $250 million of senior notes due 2027.Tri pointe group inc - expects that notes will have a ten-year maturity.Tri pointe group - to use net proceeds to repay about $200 million of borrowings under its $625 million unsecured revolving credit facility.  Full Article

TRI Pointe Group Q1 earnings per share $0.05
Wednesday, 26 Apr 2017 06:00am EDT 

April 26 (Reuters) - TRI Pointe Group Inc :TRI Pointe Group, Inc reports 2017 first quarter results.Q1 earnings per share $0.05.Q1 revenue $392 million versus I/B/E/S view $365.1 million.Q1 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.TRI Pointe Group Inc - backlog units at quarter end of 1,734 homes compared to 1,534, an increase of 13%.TRI Pointe Group Inc - dollar value of backlog at quarter end of $1.0 billion compared to $891.5 million, an increase of 14%.TRI Pointe Group Inc - new home orders increased 13% to 1,299 homes for q1 of 2017, as compared to 1,149 homes for same period in 2016.TRI Pointe Group - for q2 2017, co expects to open 18 new communities, close out of 14, resulting in 127 active selling communities as of June 30, 2017.TRI Pointe Group Inc - anticipates delivering about 58% of its 1,734 units in backlog as of march 31, 2017 at an average sales price of about $550,000.TRI Pointe Group Inc - reiterating its FY original guidance of growing average selling communities by 10%, delivering between 4,500 and 4,800 homes.  Full Article

Starwood Capital Group confirms sale of its stake in Tri Pointe Group
Thursday, 30 Mar 2017 09:31pm EDT 

Starwood Capital Group: Starwood Capital Group confirms sale of its stake in Tri Pointe Group . Starwood Capital - Barry Sternlicht and Christopher Graham - have resigned from their positions on Tri Pointe board . Starwood Capital Group - Decision to exit its stake was due to its ongoing disappointment in performance of company over past several years .Starwood Capital- Decision to exit stake was due to lack of confidence in strategic direction of company.  Full Article

Starwood Capital Group confirms sale of its stake in Tri Pointe Group
Thursday, 30 Mar 2017 07:01pm EDT 

Starwood Capital Group: Starwood Capital Group confirms sale of its stake in Tri Pointe Group . Starwood Capital - Barry Sternlicht and Christopher Graham - have resigned from their positions on Tri Pointe board . Starwood Capital Group - Decision to exit its stake was due to its ongoing disappointment in performance of company over past several years .Starwood Capital- Decision to exit stake was due to lack of confidence in strategic direction of company.  Full Article

Tri Pointe Group Inc announces secondary offering of common stock
Friday, 17 Mar 2017 06:51am EDT 

Tri Pointe Group Inc : Tri Pointe Group Inc announces secondary offering of common stock .Tri Pointe Group - commencement of an underwritten offering of 12 million shares by VIII/TPC holdings, a fund affiliated with Starwood Capital Group.  Full Article

TRI Pointe Group announces $100 mln stock repurchase program
Tuesday, 28 Feb 2017 04:30pm EST 

Tri Pointe Group Inc : TRI Pointe Group announces authorization of $100 million stock repurchase program . TRI Pointe Group - company may repurchase its common stock with an aggregate value of up to $100 million through march 31, 2018 .TRI Pointe Group Inc - board of directors has approved a $100 million stock repurchase program, effective february 23, 2017.  Full Article

Tri Pointe Group Q4 earnings per share $0.36
Wednesday, 22 Feb 2017 06:00am EST 

Tri Pointe Group Inc : Tri Pointe Group, Inc. Reports 2016 fourth quarter and full year results . Q4 earnings per share $0.36 . Q4 earnings per share view $0.37 -- Thomson Reuters I/B/E/S . Q4 revenue $770.7 million versus I/B/E/S view $797.9 million . Tri Pointe Group Inc - dollar value of backlog at quarter end of $661.1 million compared to $697.3 million, a decrease of 5% . Tri Pointe Group Inc - qtrly new home orders of 909 compared to 753, an increase of 21% .Tri Pointe Group Inc - for full year 2017, company is reiterating its guidance from their investor day this past November.  Full Article

Tri Pointe Group reports Q3 earnings per share $0.22
Thursday, 27 Oct 2016 06:00am EDT 

Tri Pointe Group Inc : Reports 2016 third quarter results . Q3 earnings per share $0.22 . Q3 revenue $578.7 million versus I/B/E/S view $558 million . Q3 earnings per share view $0.23 -- Thomson Reuters I/B/E/S . Qtrly new home orders of 932 compared to 996, a decrease of 6% . Backlog units at quarter end of 1,711 homes compared to 1,856, a decrease of 8% .For Q4, expects to open 9 new communities, close out of 7, resulting in 125 active selling communities as of december 31, 2016.  Full Article

TRI Pointe Group reports 2016 second quarter results
Wednesday, 27 Jul 2016 06:00am EDT 

Tri Pointe Group Inc : Q2 earnings per share $0.46 . Q2 earnings per share view $0.28 -- Thomson Reuters I/B/E/S . Qtrly dollar value of backlog of $1.0 billion compared to $1.2 billion, a decrease of 14% . Q2 revenue view $545.2 million -- Thomson Reuters I/B/E/S . Quarter-End backlog units of 1,798 homes compared to 1,998, a decline of 10% . Qtrly home sales revenue of $556.9 million compared to $427.2 million, an increase of 30% . Qtrly new home orders of 1,258 compared to 1,238 . Qtrly new homes deliveries of 994 homes compared to 798 homes, an increase of 25% . For Q3 of 2016, company anticipates delivering approximately 55% of its 1,798 units in backlog as of june 30, 2016 . In Q3, expects to open 16 new communities, and close out of 12, resulting in 121 active selling communities as of september 30, 2016 . For FY 2016, reiterating guidance of growing communities by 20%, delivering between 4,200-4,400 homes at average sales price of $550,000 .TRI Pointe Group, Inc. Reports 2016 second quarter results.  Full Article

BRIEF-TRI Pointe Group enters into modification agreement to amended and restated credit agreement

* TRI Pointe Group Inc - ‍on June 20, 2017, co entered into a modification agreement to amended and restated credit agreement - sec filing​